Techmeme
June 13, 2022, 10:05 AM

Top News

Celsius:
DeFi lending platform Celsius pauses “all withdrawals, Swap, and transfers between accounts”, citing extreme market conditions  —  We are writing with a very important message for our community.  —  Due to extreme market conditions, today we are announcing that Celsius is pausing …
More: tether.to, CoinDesk, CoinDesk, Wall Street Journal, Gizmodo, Engadget, CNBC, The Economic Times, Blockworks, The Guardian, The Block, The Verge, TheStreet, Decrypt, Crypto Briefing, Fast Company, Cointelegraph, Reuters, Defillama round-up🦙, The Crypto Lobby, Cryptopolitan, Bitcoinist.com, Fortune, Crowdfund Insider, Coinspeaker, CryptoSlate, Coinpedia, Off to Lunch, Insider, Blockchain News, CoinJournal, Cryptonews, CoinGape, Crypto Adventure, Meer of Mynder, CryptoPotato, TechCrunch, Bloomberg, TechSpot, Protos, CryptoGlobe, Tech in Asia, Ethereum World News, QTR's Fringe Finance, blog.celsius.network, Micky, and Web3 is going just great
Bloomberg:
Major cryptocurrencies are crashing: bitcoin drops by 10%+ to below ~$24K, ether drops by 15%+ to ~$1.2K, Avalanche drops 15%+, and Solana drops 15%+  —  Bitcoin plunged to the lowest in about 18 months in Asia trading Monday as the impact of Friday's shock US inflation data continued to reverberate through global risk assets.
Matt Turner / Bloomberg:
As crypto tumbles, MicroStrategy, which owns 129K+ bitcoins, drops as much as 25%, while Coinbase, Riot Blockchain, and Marathon Digital each drop 10%+  —  Cryptocurrency-related stocks plunged on Monday as Bitcoin tumbled to its lowest level in 18 months amid a deepening selloff in risk assets …
Brandy Betz / CoinDesk:
Daniel Roberts / Decrypt:
Gary Marcus / The Road to AI We Can Trust:
Despite differences within the AI community, pretty much all AI experts find the notion that Google's LaMDA might be sentient completely ridiculous  —  No, LaMDA is not sentient.  Not even slightly. … Blaise Aguera y Arcas, polymath, novelist, and Google VP, has a way with words.
Molly White:
A skeptical look at crypto as a foundation for self-sovereign identity and some likely dystopian outcomes, as Buterin, Dorsey, and others explore the idea  —  Anonymity and trustlessness are central to the crypto world.  People don't have to attach real-world identities to crypto wallets …
Mark Gurman / Bloomberg:
Corin Faife / The Verge:
A look at the growing split over ad blocker browser extensions, as Google's Manifest V3 cuts out blocking via Web Request while Mozilla maintains support for it  —  There's a growing split over how much room browsers should leave for ad blocking — and Chrome and Firefox have ended up on opposite sides of the fight.
Wall Street Journal:
Study: some streaming devices keep playing content when TVs are off, leading to ~17% of ads being shown when users can't see them, costing brands $1B+ per year  —  Lack of communication between TV sets and streaming devices causes estimated waste of over $1 billion in ad dollars
Annie Palmer / CNBC:
How Amazon entices creators to join its Influencer Program, which launched in 2017 and pays a commission for generated sales, by flying them to resorts and more  —  - Last month, Amazon hosted more than a dozen Instagram, TikTok and YouTube stars at a glitzy Mexico resort.
Robert Burnson / Bloomberg:
Google agrees to pay $118M to settle a gender pay discrimination lawsuit with about 15,500 female employees, according to the law firms representing the women  —  Alphabet Inc.'s Google agreed to pay $118 million to settle a gender discrimination lawsuit with about 15,500 female employees …

Sponsor Posts

TELUS Digital:
See how your customer experience priorities compare  —  TELUS Digital surveyed leaders about the tech they're investing in, the KPIs they're tracking and their plans for outsourcing.  Get the results.  No form fill required!
Intel:
Intel Delivers powerful CPUs for AI and Networking  —  With the onset of AI, businesses demand powerful and efficient CPUs.  Explore new Intel Xeon 6 processors, for the broadest set of workloads with leadership performance and lower TCO.
Zoho:
The rise of AI in recruitment  —  Note: This is a guest post by our integration partner Ringover.AI has already begun transforming recruitment, but in the coming years, it will reach new heights.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Techmeme Ride Home:
Has Intel Found A Way Out?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Hard Fork:
Tech Stock Shock + Solving the Mystery of OpenAI's "Blip" + Tinder's Flirt-Off
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
BG2 Pod:
Liberation Day, Tariffs, US v China Open Source, OpenAI Fundraise, $CRWV, TikTok
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner and Bill Gurley.
Subscribe to BG2 Pod.
Decoder with Nilay Patel:
What AI anime memes tell us about the future of art and humanity
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Great Chat:
Battle of the startup cities
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
The Logan Bartlett Show:
Zach Weinberg (Co-Founder & CEO, Curie.Bio) on The Tariff Trap, Self-Inflicted Recession Risk, and Open AI's Fundraise
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:05 AM ET, June 13, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

AnnaMaria Andriotis / Wall Street Journal:
Ben Schoon / 9to5Google:
Matthew Green / A Few Thoughts on Cryptographic Engineering: